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SECURE 2.0 Provides New Retirement Savings Options in 2024
The SECURE 2.0 Act, passed in December 2022, made wide-ranging changes to U.S. tax laws related to retirement savings. While some provisions were effective in 2023, others did not take effect until 2024. Here is an overview of some important changes for this year.
10 Financial Moves to Kick Start 2024
Focusing on your finances in the new year? Get started with this easy 10 step financial wellness action plan:
Retirement Plan Limits for 2024
Many IRA and retirement plan limits are indexed for inflation each year. Several of these key numbers have increased once again for 2024.
2023 Year in Review
On the corner of People & Place, amazing things happen. Let’s take a look a back at what we’ve achieved together.
SESLOC Employees Cut Nearly 10,000 Miles Through Alternative Commuting
SESLOC employees cut back on nearly 10,000 miles this past quarter, saving 3.87 tons of carbon dioxide from entering our local air. Methods including like riding a bike, taking the bus or carpooling instead of driving alone, or telecommuting. Reducing our carbon...
Thank You for Supporting the Family Care Network
We recently held a holiday fundraiser in our branches and online in support of the Family Care Network. This local nonprofit supports children and youth in foster care, as well as families struggling with homelessness and unhealed trauma in San Luis Obispo and Northern Santa Barbara Counties this holiday season.
Deductibility of Points and Other Closing Costs
The question you will face is whether you can deduct these fees immediately or whether they are added to the cost basis of your home.
Recent News
SESLOC Announces New SVP/Chief Information Officer
SESLOC Credit Union announced today that Shawn Mulqueeney has been selected as the new Senior Vice President/Chief Information Officer. The former CIO, Ken Long, has accepted a new role of Senior Vice President/Chief Risk Officer at SESLOC.
SESLOC Cares for Community Award: Jessa Brooks
We’re partnering with News Channel 12 to honor nonprofit volunteers who make our community thrive. Each month, we’re choosing a different nonprofit and asking them to select a valuable volunteer to receive the SESLOC Cares for Community Award. We’re thrilled to introduce Jessa Brooks, from the Santa Maria YMCA.
Save to Win Share Certificate Participants Celebrate Big Wins
26 members won a combined $7,300 in the monthly and quarterly Save to Win 12-month Share Certificate¹ prize drawing² earlier this month — including two big quarterly winners of $5,000 and $1,000. What would you do if you got the call announcing a surprise windfall? Anthony, the $1,000 quarterly prize winner, quite literally jumped for joy when he heard the good news.
SESLOC President & CEO Announces Retirement
SESLOC Credit Union announced today that Geri LaChance will retire as President and CEO effective June 2024 after 12 years of leadership at the credit union. LaChance will be succeeded by Executive Vice President/Chief Financial Officer Mike Quamma.
2023 Year in Review
On the corner of People & Place, amazing things happen. Let’s take a look a back at what we’ve achieved together.
Shawn
Dan
Mary
Jennie
Mary
Lanie
Greg
Stacey
Aja
